Microchip Technology Acquires ZeroG Wireless for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4590d1f9-a32b-4fc2-8d63-dd26705d68bc&Preview=1
Date
1/11/2010
Company Name
ZeroG Wireless
Mailing Address
255 San Geronimo Way Sunnyvale, CA 94085
Company Description
ZeroG Wireless was founded based on the belief that a new paradigm of wireless connectivity is upon us. We envision a 4th Age of Wireless™ — the Internet of Things. Trends such as pervasive deployment of wireless infrastructure and the demand for portability, coupled with cost reductions in computing and storage all point towards a world requiring a new connectivity solution, one enabling a mass market for connected wireless nodes. ZeroG develops technology that meets the needs of a 4th Age of Wireless through development of extremely low-power mixed-signal ICs.
Website
http://www.zerogwireless.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
This acquisition makes it easy for Microchip’s microcontroller customers to purchase certified Wi-Fi modules and proven software, to enable their embedded applications with Wi-Fi capability.